Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

How automation can assist firms with off-payroll compliance

30 November 2021 / Dave Chaplin
Issue: 4819 / Categories: Comment & Analysis
65738
Lift the blankets?

It has been just over six months since the off-payroll legislation took effect in the private sector. According to a recent survey commissioned by IR35 Shield it has had a significant and damaging impact on contractors and firms that rely on their talent.

Unsurprisingly the focus on coping with the pandemic resulted in many firms being unprepared to challenge the legislative complexity and preferring to steer clear of the unknown. As a result many risk-averse companies banned the use of limited company contractors much to their detriment. But matters are improving.

Survey findings

The survey of 3 750 contractors sought to understand firms’ behaviour leading up to April 2021 and how the market has reshaped itself. The results indicate that while firms were attempting to recover from the pressure of the pandemic the new legislation created an additional and unwanted hurdle.

Despite consultations...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

back to top icon